O2 Invests in and Partners With Centex Construction
2024年7月30日 - 7:00PM
ビジネスワイヤ(英語)
O2 Investment Partners (www.o2investment.com) announced today
that it has partnered with Centex Construction (“Centex” or the
“Company”) (www.centexconstruction.com) and its founders Mark
Whitehead, Mark Herbert, and David Borne, to support the company’s
rapid growth. Terms of the investment were not disclosed.
Centex has a strong position in the multi-family facility
service market with a best-in-class reputation for exceptional
customer service. The Company maintains an impressive customer base
with many of the largest nationally recognized multi-family
property managers and owners in the United States. Founded by Mark,
Mark, and David in 2016, Centex is a premier full-service provider
of renovation, restoration, and maintenance services for existing,
largescale multi-family properties. Centex is headquartered in
Tomball, TX, with a footprint across 8 states in the Southeast and
Southwest United States.
“This is an exciting chapter for Centex and we are thrilled to
partner with O2, which will enable us to accelerate our growth
trajectory and further enhance the value we deliver to our
customers,” said Mark Whitehead. “From the onset of meeting the O2
team, we felt they immediately recognized our vision for continued
expansion. Our partnership with O2 will allow us to pursue
opportunities for organic and inorganic growth in adjacent
verticals, geographies, and services to deliver greater impact for
our customers.”
Charlie Miller at O2 commented, “We are very excited to partner
with Mark, Mark, David, and the rest of the Centex team. They have
established Centex as an industry leader in the highly fragmented
multi-family service market, well positioned for future expansion
with its diversified mix of customers, services, and regional
markets. We would also like to thank our financial partner, LBC
Credit Partners, for their support in this transaction.”
About Centex Construction Headquartered in Tomball, TX
and founded in 2016, Centex Construction is a leading provider of
renovation, restoration, and maintenance services for existing,
largescale multi-family property managers and owners. The Company’s
operations span 8 states across the Southeast and Southwest United
States. Centex offers a comprehensive suite of services, including
immediate maintenance repair, exterior renovations, roofing,
restoration and rebuild, interior renovations, and amenity
upgrades, among other services. Centex completes thousands of jobs
annually with many of the largest nationally recognized property
managers and owners in the United States. Additional information is
available at www.centexconstruction.com.
About O2 Investment Partners O2 Investment Partners is a
Midwestern based private equity firm that seeks to invest in lower
middle market B2B services, technology, and select industrial
companies. The firm invests in businesses with earnings growth
potential and a clear path to the creation of shareholder value. O2
invests with a view toward partnering with management to build and
grow the business and take it to its next stage of development.
This requires not only a clear vision and strategic plan to create
shareholder value, but a close partnership and alignment of
interest with management. Additional information is available at
www.o2investment.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730102019/en/
O2 Investment Partners Charlie Miller
cmiller@o2investment.com